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pan gongsheng PBOC

China Housing Market Continues Slide Despite Support Measures

pan gongsheng PBOC

2023/12/01 by Kevin He Leave a Comment

China home sales and prices continue to plummet despite a raft of recent government measures to prop up the ailing property market, with the mainland’s pessimistic economic outlook and developers’ increased backlog of unfinished projects weighing on buyer appetite.

China’s… Read More>>

China home sales and prices continue to plummet despite a raft of recent government measures to prop up the ailing … Read more>>>

Hui Ka Yan or Xu Jiayin, a Chairperson of Evergrande Group

Evergrande Creditors Demand Controlling Stakes and More Asia Real Estate Headlines

Hui Ka Yan or Xu Jiayin, a Chairperson of Evergrande Group

2023/12/01 by Ponrath Sopannarath Leave a Comment

Evergrande offshore creditors are demanding control equity stakes in the developer as well as its two Hong Kong subsidiaries, with that story leading Mingtiandi’s collection of headlines around the region. Also making the list, Blackstone has raised $2.6 billion to… Read More>>

Evergrande offshore creditors are demanding control equity stakes in the developer as well as its two Hong Kong … Read more>>>

Phil Pearce of ESR 1

ESR Buys Western Sydney Logistics Complex From M&G for $71M

Phil Pearce of ESR 1

2023/11/30 by Christopher Caillavet Leave a Comment

ESR has acquired a western Sydney logistics complex from M&G Real Estate for A$107 million ($70.8 million) as the APAC industrial specialist continues to bolster its Australian portfolio this year.

ESR picked up the two-building facility at Erskine Park industrial… Read More>>

ESR has acquired a western Sydney logistics complex from M&G Real Estate for A$107 million ($70.8 million) as the … Read more>>>

Ben Hawkins, head of infrastructure & renewable resources at Alberta Investment Management (AIMCo)

Shimao Chairman Selling $199M Aussie Ranchland Portfolio to AIMCo JV

Ben Hawkins, head of infrastructure & renewable resources at Alberta Investment Management (AIMCo)

2023/11/30 by Kevin He Leave a Comment

The billionaire chairman of embattled Chinese developer Shimao Group has agreed to sell an Australian cattle ranch portfolio to Canada’s Alberta Investment Management (AIMCo) and a unit of Australian agricultural investment manager New Forests, as his company continues to struggle… Read More>>

The billionaire chairman of embattled Chinese developer Shimao Group has agreed to sell an Australian cattle ranch … Read more>>>

Singapore Minister for National Development Desmond Lee

Singapore Pushes Land Sales for Long-Stay Rental Apartments in Policy Shift

Singapore Minister for National Development Desmond Lee

2023/11/30 by Christopher Caillavet Leave a Comment

Singapore is now designating land for development of long-stay rental apartments, with Minister for National Development Desmond Lee announcing the first pair of sites to be sold under the new initiative in a speech on Wednesday.

Already on the Urban… Read More>>

Singapore is now designating land for development of long-stay rental apartments, with Minister for National Development … Read more>>>

Keppel Corporation CEO Loh Chin Hua

Keppel Announces $1B Buyout of European Asset Manager Aermont

Keppel Corporation CEO Loh Chin Hua

2023/11/30 by Beatrice Laforga Leave a Comment

Keppel Corp has agreed to buy out European fund manager Aermont Capital in a deal worth up to €931.86 million ($1 billion) as the Singapore-based conglomerate continues its efforts to transform into a global asset management giant.

Keppel, through its… Read More>>

Keppel Corp has agreed to buy out European fund manager Aermont Capital in a deal worth up to €931.86 million ($1 … Read more>>>

Singapore has yet again become the most expensive city to live in

Singapore Again Leads List of World’s Priciest Cities and More Asia Real Estate Headlines

Singapore has yet again become the most expensive city to live in

2023/11/30 by Ponrath Sopannarath Leave a Comment

The rising cost of living in Singapore leads today’s collection of real estate headlines from around Asia as the city-state again tops a list of the world’s most expensive places. Also making the cut, Hong Kong home prices have now… Read More>>

The rising cost of living in Singapore leads today’s collection of real estate headlines from around Asia as the … Read more>>>

ian-schilling invesco

Invesco, Alyssa Buy 15 Japanese Apartment Assets in Latest Multi-Family Bet

ian-schilling invesco

2023/11/29 by Michael Cole Leave a Comment

Japanese rental residential assets continue to be a favourite theme for global investors in Asia Pacific with Invesco Real Estate and Tokyo-based Alyssa Partners today announcing completion of a purchase of a 15-property apartment portfolio.

The acquisition from a major… Read More>>

Japanese rental residential assets continue to be a favourite theme for global investors in Asia Pacific with Invesco … Read more>>>

Valerie Wong Guocoland

GuocoLand Reaches 90% Take-Up at Guoco Midtown as Singapore’s Bugis Area Rises

Valerie Wong Guocoland

2023/11/29 by Christopher Caillavet Leave a Comment

GuocoLand has achieved 90 percent take-up for its 709,000 square foot (65,868 square metre) Guoco Midtown office project, based on pre-commitments, marking a fresh milestone for Singapore’s once-fringe Bugis area as an aspiring business location.

Guoco Midtown is set to… Read More>>

GuocoLand has achieved 90 percent take-up for its 709,000 square foot (65,868 square metre) Guoco Midtown office … Read more>>>

Equalbase chief executive Nicholas Bischoff

Equalbase Ties Up With Malaysia’s Sunway for $1.7B Johor Logistics Project

Equalbase chief executive Nicholas Bischoff

2023/11/29 by Kevin He Leave a Comment

Singapore-based logistics builder Equalbase and Malaysian conglomerate Sunway Group broke ground on a 55 hectare (136 acre) logistics project in the southern Malaysian state of Johor on Tuesday, with the joint venture partners saying they have committed MYR 8 billion… Read More>>

Singapore-based logistics builder Equalbase and Malaysian conglomerate Sunway Group broke ground on a 55 hectare (136 … Read more>>>

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